Half of MPC members want policy rate cut in January 2026 meeting

Audio By Carbonatix

Three out of six members of the Monetary Policy Committee (MPC) of the Bank of Ghana have indicated that they will support a further cut in the policy rate at the next meeting in January 2026.

These members gave the assurance in the official decision submissions report released by the Bank of Ghana after the MPC meeting.

They argued that a slowdown in inflation in December 2025 will influence their decision.

The Governor of the Bank of Ghana, Dr. Johnson Asiama, projected that he expects inflation to reach between 4-6% by the end of this year.

The official submission report also revealed that three out of six members of the Monetary Policy Committee voted for the policy rate to be cut by 350 basis points to 18%.

The members also cited improved indicators coming from all the sectors of the economy.

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